Frequently Asked Questions about QuikStrike
How long has the QuikStrike application been available?
We have been around a while now. The first version of QuikStrike was released in 2004. Back then, we only covered interest rate options. Since, we have grown to cover all the futures asset classes. We released the FREE version of QuikStrike (Essentials sponsored by the CME Group) back in 2012.
You can read a little bit about our history here: http://www.bantix.com/about-options-software-solutions/
Does QuikStrike have Open Interest and Settlement data available?
Yes, the free QuikStrike Essentials version has 5 days of data. The paid subscriptions have 30 days of data. Both versions are updated at the same time each evening – approximately 9pm Chicago time – or when the exchange files become available after that.
What exchanges and products does QuikStrike cover?
We have a variety of exchange data available but our primary source of futures options information is from the CME Group. We cover all liquid and actively traded futures options available on the CME and are regularly adding products as open interest (or general interest) grows.
We also cover ICE (Euribor, Sterling) and Eurex (Bund, Bobl, Schatz) interest rate products and are willing to expand the coverage on each of these exchanges as customer demand increases. We are currently reviewing ICE Energy and Softs as possible additions to the platform.
Does QuikStrike have historical volatility data?
Yes, every level of QuikStrike has some form of historical volatility data. Essentials (sponsored for free by the CME and available via their website) and Professional have the QuikVol (Preview) which has a rolling 30-day window of all the historical data we offer. The Professional+QuikVol subscription increases that window to 1-year.
You can also subscribe to the QuikVol Enterprise Edition for complete access to all our historical volatility data (most Benchmark products are covered from Jan 01, 2007). Learn more from the links listed below.
Does QuikStrike cover single stock or ETF options?
We do not currently or plan to cover equity-based options (except of course for the index futures options). There are plenty of resources out there that cover this part of the market so we are going to stick to what we know best – options on futures.
Do you have any good videos for someone learning about options on futures?
Yes, here’s a link to a short series of videos our own Nick Howard wrote and that the CME Group turned into a very nice series (it’s only a total of 15 minutes so take a look). It’s meant to teach you a very practical way to look at options on futures. There are also a bunch of great videos on the CME website.
Nick’s Video: http://bit.ly/OptionsOnFutures
What is QuikStrike Enterprise Edition (EE)?
We generally recommend this version of QuikStrike to brokerage groups, trading desks or trading communities where information stored in QuikStrike needs to be shared within the environment, or in the case of a brokerage desk, with external customers. EE comes with a branded URL and page template, multiple sharing and distribution capabilities, ability to request custom QuikStrike views as well as many other useful features.
The pricing per user license is the same as our regular Professional Edition but there is an additional monthly fee for the Enterprise Edition given its more flexible environment, community orientation, “external” user access, etc. Please schedule a call to discuss in more detail.
NOTE: The ability to manage your own volatility levels, straddle runs etc. is available as well (although may incur an increased cost to the standard EE license).